Agro Textile Market Revenue Trends, Company Profiles, Revenue Share Analysis, 2021–2027
The global Agro
textile market accounted for about USD 9.8 Billion in 2019.
Growing demand for fishing nets and anti-hail nets are anticipated to remain
some of the major drivers for the global agro textile market in the near
future. Demand for organic food products is increasing due to awareness
associated with fitness and wellness among people. Besides, there is an
increasing use of agro textiles in floriculture, culmination and vegetable farming
applications. Rising awareness and training related to organic farming in
farmers through various schemes and workshops organized by authorities and
non-government groups is fueling the demand for agro textile market further.
Favourable government regulations are also projected to impact this sector. For
instance, the Indian government’s aggressive merchandising for shade nets
through NHB and NHM is also predicted to increase the development in this
market.
Asia pacific is the dominant region in
the agro textile market due to favorable climatic situations and considerable
availability of farming land. China is one of the world’s largest exporter of
agro textile. Major driving force for the increasing agro textile need in the
Asia Pacific region is mainly due to the very best awareness of horticulture
& floriculture industry in this region.
Associations such as Sustainable
Agriculture Network (SAN), AGRA (important in Africa), and GLOBAL G.A.P.
Academy provide expertise to farmers globally to setup requirements and reap
new heights inside the subject of food development. Prevalence of schemes and
certifications given by government including Integrated Farm Assurance (IFA),
The International Gold Standard in Farm Certification, and GFSI schemes in agriculture
have advanced standardization in merchandise and production methods.
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Major corporations actively operating
inside the industry consist of Beaulieu
technical textile, Belton Industries Ltd., Bv Agro Irrigation Co., Capatex
Ltd., Diatex, Hebel Aining Import and Export, Hy-Tex Limites, Meyabond Industry
Trading Co Ltd., Neo Corp International Ltd. and SRF Ltd.
Future key
finding of the report
- The global agro textiles demand valued at
about USD 9.8 Billion in 2019 and is anticipated to reach to about USD
14.5 Billion in 2027. Agrotech possess various benefits such as protection
from pest, mild or hail, lightweight, biodegradability, resistance to
microorganisms, and high capacity to maintain water.
- The demand for the woven type valued at
USD 3.0 Billion in 2019 and it is projected to witness moderate growth
during the forecast period. This type is mainly used for the constructions
that are employed for wind and hail protection.
- Aquaculture is projected to be the
fastest application growing at a CAGR of 5.2% in terms of revenue from
2019 to 2027. Rising importance of fish for applications aside from meals,
inclusive of manufacturing of nutraceuticals and nutritional supplements,
has been considered one of the number one element for the growth of this
sector.
- The demand for aggrotech merchandise for
animal husbandry inside the Middle East & Africa valued about 4.0 kilo
tons in 2017 and is expected to grow at a CAGR of 2.4% over the upcoming
years.
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Type Outlook
(Revenue, USD Million; 2017-2027 and Volume, Kilo Tons; 2017-2027)
- Woven
- Nonwoven
- Knitting
- Others
Product Industry
Outlook (Revenue, USD Million; 2017-2027 and Volume, Kilo Tons; 2017-2027)
- Fishing nets
- Anti-hail nets
- Bird protection nets
- Mulch-mats
- Shade nets
- Others
Application
Outlook (Revenue, USD Million; 2017-2027 and Volume, Kilo Tons; 2017-2027)
- Agriculture
- Aquaculture
- Floriculture
- Horticulture
- Husbandry
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Regions covered by the report:
•
North America (U.S.A.,
Canada, Mexico)
•
Europe
(U.K., Italy, Germany, France, Rest of Europe)
•
Asia Pacific
(India, Japan, China, South Korea,
Australia, Rest of APAC)
•
Latin America (Chile,
Brazil, Argentina, Rest of Latin America)
•
Middle East & Africa (Saudi
Arabia, U.A.E., South Africa, Rest of MEA)
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